18, MENDIP ROAD, OULTON, LOWESTOFT, NR32 3HJ - £85,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 MENDIP ROAD is a midsized extended detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £276,224. It was last sold for £85,500 in July 2001, which was around 35% below the average July 2001 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

18 MENDIP ROAD Sold Prices

Land registry data shows two sales for 18 MENDIP ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 18 MENDIP ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2001 12 JUL	£85,500	£130,946	35% below HPI
1998 15 MAY	£56,500	£85,593	34% below HPI

18 MENDIP ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 18 MENDIP ROAD sales from May 1998 and July 2001 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 1998 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2001 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 18 MENDIP ROAD be worth now?

18 MENDIP ROAD might now be worth an estimated £276,224.

This is based on house price inflation of 223.1%, between July 2001 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 223.1% inflationary increase is applied to the most recent sale price for 18 MENDIP ROAD of £85,500 on 12th July 2001. For the value to have increased from £85,500 to £276,224 over the 24 years and five months to February 2025, the following assumptions must hold true:

• The value of 18 MENDIP ROAD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The July 2001 sale price of £85,500 represented a fair market value for the property.
• The size, condition, and specification of 18 MENDIP ROAD has not materially changed since July 2001.

How Large is 18 MENDIP ROAD?

18 MENDIP ROAD is 92m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 18 MENDIP ROAD lies on this distribution: 45% of detached houses houses are smaller than 18 MENDIP ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

18 MENDIP ROAD: Plot and Title Map

18 MENDIP ROAD sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 18 MENDIP ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 18 MENDIP ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 18 MENDIP ROAD?

18 MENDIP ROAD is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 18 on MENDIP ROAD.